If you compare the increase in value of investment property in Leongatha, 3953 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 1.64%.
Leongatha,3953 was ranked 1777 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Leongatha are currently offering property investors an average price cut of -5.22% below the asking price at the moment.
Often selling an investment property can take time, and in Leongatha the average time real estate has been on the market is 117.25 days.
Situated 112.83km from the CBD, Leongatha is one of South Gippsland localities in the postcode 3953.
Leongatha is an average performer in VIC when comparing median price capital growth over the last year. Leongatha gave property investors a average capital gain figure when compared to the rest of the state, with 2.22%.
While Leongatha,3953 ranked number 96th in VIC for increase in median house value (annualised) increase, it is ranked 291th over the last 5 years.
Leongatha, 3953’s gross rental yield is 4.29%